Bulletin: Standard Chartered Can Manage Economic Headwinds In 2025

SINGAPORE (S&P Global Ratings) Feb. 24, 2025--Standard Chartered group is likely to manage the risks arising from moderating economic growth in its key markets such as Hong Kong, mainland China, and Korea. The group's controlled risk appetite and adequate underwriting standards will help it to navigate macroeconomic uncertainties arising from global trade tensions. The impact of ongoing challenges in the Hong Kong and mainland China commercial real estate sector (CRE) will be manageable for Standard Chartered group, in our view. Such exposures are small and are backed by adequate levels of provisioning or collateral. As of end-2024, the group's mainland China CRE exposure was only about 0.7% of gross customer loans, while Hong Kong CRE accounted for 0.9%. In our

...February 24, 2025 SINGAPORE (S&P Global Ratings) Feb. 24, 2025--Standard Chartered group is likely to manage the risks arising from moderating economic growth in its key markets such as Hong Kong, mainland China, and Korea. The group's controlled risk appetite and adequate underwriting standards will help it to navigate macroeconomic uncertainties arising from global trade tensions. The impact of ongoing challenges in the Hong Kong and mainland China commercial real estate sector (CRE) will be manageable for Standard Chartered group, in our view. Such exposures are small and are backed by adequate levels of provisioning or collateral. As of end-2024, the group's mainland China CRE exposure was only about 0.7% of gross customer loans, while Hong Kong CRE accounted for 0.9%. In our view, the creditworthiness of Standard Chartered group will remain well supported by the group's adequate risk management, healthy capitalization, and strong funding and liquidity. The 2024 full-year financial...

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